Carnival Corp Stock Quote: $25.11 (+2.63%)

Carnival Corporation Overview

Carnival Corporation & plc is the world's largest cruise operator, with a fleet of 100 ships visiting over 700 ports around the world. The company's brands include Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn Cruise Line, and Cunard.

Carnival Corp Stock Performance

Carnival Corp's stock has been on a roller coaster ride in recent years. The stock price hit a high of $52.49 in January 2018, but then fell to a low of $11.76 in March 2020 as a result of the COVID-19 pandemic. The stock price has since recovered and is now trading at around $25.11.

Factors Affecting Carnival Corp Stock Price

There are a number of factors that can affect Carnival Corp's stock price, including:

• The economy: When the economy is strong, people are more likely to take cruises. This can lead to increased demand for Carnival Corp's cruises and higher stock prices.
• Fuel prices: Carnival Corp is a major consumer of fuel, so fuel prices can have a significant impact on the company's profitability. When fuel prices are high, Carnival Corp's profits can decline and its stock price can fall.
• Competition: Carnival Corp faces competition from other cruise operators, as well as from other forms of travel. Increased competition can lead to lower prices and reduced demand for Carnival Corp's cruises.
• Natural disasters: Natural disasters, such as hurricanes and earthquakes, can disrupt Carnival Corp's operations and lead to lower stock prices.
• Pandemics: Pandemics, such as the COVID-19 pandemic, can also disrupt Carnival Corp's operations and lead to lower stock prices.

Carnival Corp Stock Forecast

Analysts are generally bullish on Carnival Corp's stock. The average analyst price target is $28.50, which implies a potential upside of 13% from the current price. Some analysts are even more bullish, with a price target of $35.00.

Conclusion

Carnival Corp is a major player in the cruise industry. The company's stock price is affected by a number of factors, including the economy, fuel prices, competition, natural disasters, and pandemics. Analysts are generally bullish on Carnival Corp's stock, with a potential upside of 13% from the current price.

Tables

Table 1: Carnival Corp Stock Price History

Table 2: Carnival Corp Revenue and Earnings

Table 3: Carnival Corp Fleet

Table 4: Carnival Corp Competitors

FAQs

1. What is Carnival Corp's stock symbol?

CCL

2. What is Carnival Corp's market capitalization?

$23.8 billion

3. What is Carnival Corp's P/E ratio?

13.2

4. What is Carnival Corp's dividend yield?

0%

5. What is the average analyst price target for Carnival Corp stock?

$28.50

6. What is the potential upside for Carnival Corp stock?

13%

Additional Resources

• Carnival Corporation & plc Investor Relations
• Carnival Corporation & plc Stock Quote
• Carnival Corporation & plc Financial Statements